The Hybrid Annuity Model (HAM) unveiled with great fanfare earlier this year was expected to set off the next wave of award of PPP highway projects. The intent and purpose of introducing HAM, as a hybrid of EPC and BOT (annuity) formats, was noble and deserves to be lauded: to moderate risks faced by highway developers and to provide financial support during construction.
Tag: PPP Projects
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At the high port
With favourable government policies and the Make in India initiative, the ports sector, along with logistics, is likely to get a boost. However, the key lies in effective execution. The growth graph of the sector seems to be on a rising trend. Cargo traffic, which recorded 1,052 million metric tonne (MMT) in 2015
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Opening the funds tap
A stronger thrust on PPP projects, greater FDI and steady government support can help Indian Railways, one of the worldĆĀ“s largest rail networks, emerge from the rut.
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Eventful journey ahead
After a hiatus in 2014, there are emerging signs of takers for PPP projects in some of the sectors, including ports. Baring some shortcomings, PPPs have achieved resonable success rate. However, it is too early to say that they have been a grand success.
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Gaining momentum
The Ministry of Road Transport and Highways (MORTH) has made significant efforts to put the sector on a growth trajectory. While there has been noticeable improvement, a more collaborative endeavour is sought to bring about the desired effect.
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Organisations are realising the need for structured project management
Airport infrastructure and operation involve various stages from concept, design, quantity estimates costing, financial close, pre-construction activities (land acquisition, removal of encumbrances), EPC (Engineering, Procurement
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Adani Ports to raise Rs.10,000 crore
Adani Ports and Special Economic Zone Ltd (APSEZ), which is looking to expand its ports business, plans to raise up to Rs 10,000 crore
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The need of the hour is to make training programs business-oriented
By way of the National Skill Development Council, the government wants to give an extra impetus to technical and vocational education. This philosophy is also very evident by way of wanting to improve employability by promoting the manufacturing sector and the ĆĀ“Make in IndiaĆĀ“ campaign.
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The infrastructure story is waiting to unfold
Infrastructure is the backbone on which the economic and social wellbeing of any country hinges. Though India has emerged as the third largest economy, its GDP growth rate slowed down to less than 5 per cent in FY 13-14, as against a CAGR of 8.4 per cent during 2003 - 2010.
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Bailout or sell-out
The dance of democracy will unfold soon, as the poll dates have been announced. While the political fraternity gets down to the poll mathematics, the entire nation awaits the results with a hope of a stable government that can push growth volumes.